November is here and fall is in the air in Charleston! Traditionally, November and December are great months in respect to the weather in the Low Country. If you’re into local beers, be sure to check out Charleston Beer Week which runs through the 6th. The Coastal Carolina Fair is back and runs from the 1st through the 7th. November is time to remember our Veterans and Thanksgiving is a time to be thankful for our abundance of activities, among other things. Christmas preparations will be getting underway soon too starting with the 32nd Annual Holiday Festival of Lights at James Island County Park beginning on the 12th. The Stingrays will also be in town throughout the month. Here is your November calendar of events:
1-7: Coastal Carolina Fair, Ladson
4: Air Supply, N Chas PAC
4: The Mavericks, Chas Music Hall
5: Gloria Gaynor, Gaillard
5: Pinwheel Gala supporting Dorchester Children’s Advocacy, Summerville
5-6: Scottish Games, Riverfront Park N Chas
6: Lowcountry Walk for Life, Wannamaker Park
6: 17th Annual Fur Ball, Charleston Marriott
6: Harvest Fest, Johns Island County Park at Mullet Hall
9: Shakey Graves, Chas Music Hall
10: Galactic, Chas Music Hall
10: Astronomy in the Park, Brittlebank Park
10-11: Holiday Fun Run and Walk, James Island County Park
11: Drive By Truckers, Chas Music Hall
11: Veterans Day
12-13: Y’all Fest(Young Adult Literary Festival)
12-14: Rockabillique, Park Circle
13: Symphony Tour of Homes
13: Poetry at McLeod, McLeod Plantation
13: Holy Smokes BBQ Fest, The Bend
14: Robert Cray, Chas Music Hall
16: Keb Mo, Gaillard
17: Jackson Browne and James Taylor, N Chas Coliseum
18-21: Charleston Classic Basketball Tournament, TD Arena
18: Chris Thile, Chas Music Hall
19-21; CofC Alumni Weekend
20: Avett Brother, N Chas PAC
20: Blues Festival, N Chas PAC
20: Bohicket Half Marathon and 5K, Seabrook
25: Turkey Day Run and Gobble Wobble 5K
26-27: Drivin N Cryin, Pour House
27: Mannheim Steamroller Christmas, Gaillard
While the Charleston real estate market continues its incredible run, we are having trouble keeping up with the sales from the record year of 2020. At midyear, we were up 32% in transactions year to date over the same 2020 period. Currently, we are only up 16% over the same period. The second half of 2020 was spectacular, and our current inventory will just not allow us to keep pace. 2021 may end up being about the same as 2020 with around 22k properties sold in the Charleston area. Our median sales price is up 17% to around $350k. If you’re thinking about selling your home, you haven’t missed your chance. We’re very much still in a seller’s market, but the incredible rate of appreciation we’ve been experiencing has started to slow as of late. Home prices are still rising, albeit a bit more slowly. Despite the increase in new inventory, houses are still selling in under a month.
Also, don’t miss this short video below where we answer some of the most common questions about our housing market. 👇👇👇
We are committed to providing our clients with an unparalleled level of service. We strive to have you feel and experience our commitment to you all while helping accomplish your real estate goals. That is truly what it is all about! Please reach out to us if you have any questions or if you are thinking of buying, investing, or selling a home!
